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Home » Industry Professionals Want More Than Just Paycheck, Says Survey
CompaniesBusinessWorkforceContractor Business Strategy

Industry Professionals Want More Than Just Paycheck, Says Survey

Recruiter firm Hays says respondents are happier than peers in other sectors

Benefits Industry

Those in professional construction roles or seeking such jobs say base salary remains the single biggest factor in considering a job offer, but it is often outweighed by benefits, culture and career growth, according to a survey released on Oct. 19 by global specialty recruiter Hays plc.

SOURCE: HAYS PLC

October 25, 2017
Debra K. Rubin
KEYWORDS Hays plc / Job satisfaction / workforce survey
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Those in professional construction roles or seeking such jobs say base salary remains the single biggest factor in considering a job offer, but it is often outweighed by benefits, culture and career growth, according to a survey of 400 industry respondents released on Oct. 19 by global specialty recruiter Hays plc.

The group is part of the 2,100 U.S. respondents occupying entry-level to C-suite roles in 16 sectors, also including accounting and finance, information technology and life sciences. Of that group, half were baby boomers, and the rest were split between Gen X and Gen Y employees.

Hays says 46% of the industry cohort is satisfied with their current roles, slightly above the survey average. About 65% of construction respondents would accept a base salary cut in exchange for a higher bonus; 62% want more than a 10% salary hike to leave a job, more than in other sectors.

More than 74% listed a signing bonus as their most desired benefit, the most in the survey. But industry professionals prioritize project importance and budget size as career-growth markers more than peers in other sectors and rate more highly working with the right team and having strong company leadership.

“Construction professionals are happier and less likely to leave compared to other industries,” said Hays Executive Vice President James Hawley. “But that makes recruitment even more of a challenge.”

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As ENR Editor-at-Large for Management, Business and Workforce, Debra K. Rubin has a broad vantage for news, issues and trends in global engineering, architecture and construction—from corporate finance and executive management to regulation and risk, next-generation workforce and developing markets such as offshore wind energy.

Debra also launched and manages ENR's Top 200 Environmental Firms ranking, which defines a $51-billion global market; is editor of ENR WorkforceToday e-newsletter on industry talent management; and supervises content for the popular Industry Buzz page, which leads ENR’s monthly Contractor Business Strategy report. She also is an organizer of ENR's annual Groundbreaking Women in Construction conference, a major forum for women's career issues in construction.

Click here for more detail on the 2019 conference now in formation.

Debra's reporting for ENR on the 2001 Ground Zero attack damage, response and recovery earned a Jesse B. Neal award from B2B media giant Connectiv and is featured in the National September 11 Memorial & Museum in New York City.

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